21Shares Seeks SEC Approval for XRP ETF, Aiming to Tap into US Market

21Shares has officially filed a request with the U.S. Securities and Exchange Commission (SEC) to launch a spot XRP ETF. This move paves the way for automatic listing if the SEC chooses not to take action within 20 days of receiving the application, according to Bloomberg analyst Eric Balchunas. The filing signifies increased interest from institutional investors in XRP, with the asset experiencing a noteworthy 5% price surge following the announcement.